0.35 metric tons (mt) of crude oil will cost $112 if 0.90 mt cost $288.
Crude oil and other hydrocarbons can be found in liquid or gaseous form in tar or oil sands, small cavities within sedimentary rocks, and underground pools or reservoirs.
<h3>
What are crude oil and its uses?</h3>
Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. Crude oil, a sort of fossil fuel, is refined to create useful products like gasoline, diesel, and numerous other petrochemicals.
Given,
Crude oil = 0.9 (mt) cost is $288.
Required to Find Cost of Crude 0.35 (mt) =?
Find Cost of Crude (0.35 mt) = $288 multiply by 0.35 and divide by 0.9.
Find Cost of Crude (0.35 mt) = $288 x 0.35/0.9
Cost of Crude (0.35 mt) = $112
Thus, Crude oil will cost $112 for 0.35 metric tons (mt).
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Answer:
Pension plan assets at the year end will be $214
Explanation:
Wee have given pension plan assets = $200 million
Return on plan assets = 5%
So return will be equal to = $200×0.05 = $10 million
Cash contribution is given $12 million
Retiree benefits is $8 million
We have to find the amount of pension plan assets at the year end
Pension plan assets is equal to = Plan assets at beginning of the year + actual return - retiree benefits = $200 + $10 +$12 - $8 = $214
So pension plan assets at the year end will be $214
Answer:
C) Natural business year.
Explanation:
A natural business year is the period of 12 consecutive monthsending at a low point of an organization's activities.
For example, a school district will have a natural business year of July 1 through June 30, since classes for the school year end in early June.